Teesside chemical plant to be sold to Mexican company
A chemical plant employing more than 100 people on Teesside has been sold to one of the largest chemical manufacturing companies in the Americas.
Lotte Chemicals, which has a plant at Wilton that produces around 350,000 of polyester resins each year, has been sold to Alpek, which employs more than 5,000 people in North, South and Central America, with its base in Mexico.
Terms of the deal have…
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